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Third Saudi capital markets banker to leave in recent months
Replacement for Derant Lakoue poached from Standard Bank
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A big rally in China’s stock market this week ended up hitting bond prices onshore — and sparked worries about the sustainability of the equities rebound.
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HSBC has hired two bankers from Deutsche Bank in Singapore to boost its equities business in southeast Asia.
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Nick Hutt has been appointed chairman of the management board at VTB Bank (Europe), and Mark Richardson will replace him as chief executive of VTB Capital’s UK arm, subject to regulatory approvals.
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Deutsche Bank has created a new coverage model for its public sector business, which will be headed up by Panos Stergiou, global head of macro coverage.
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In this round-up, regulators release official guidelines for follow-on offerings in the Nasdaq-style Star market, issuers of onshore ‘enterprise bonds’ get an extension on their regulatory approvals, and a financial unit of JD.com starts pre-listing education for its Star debut.
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Each week, Keeping Tabs brings you the very best of what we in the GlobalCapital newsroom have found most useful, interesting and informative from around the web. This week: supervising financial reporting, a discordant health and financial picture in emerging markets, and managing climate risk.